The B Settlement is real. It is a payment for the Bumble dating app class action lawsuit. If you have received the ‘B settlement payment on Venmo or Paypal, there’s no need to panic.
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What You Should Know About B Settlement
The ‘B’ stands for ‘Bumble. It is named “B Settlement” rather than “Bumble Settlement” for privacy reasons, as not everyone wants to be known for joining dating apps.
If you have received the payment on Venmo or Paypal, it is because of your claim submission last fall. If you received the ‘Your B Settlement payment is Now Available on Venmo’ you must have signed up for the Bumble class action lawsuit and select Venmo as your preferred payment option.
Whereas those that had received their B Settlement Payment on Paypal had selected Paypal as their preferred payment option.
However, the payment differs. While some people received below 40$, a handful of people received more than $70.
As can be seen here, the reason why the payment differs is dependent on the duration of your subscription on the Bumble app.